SENSEX
NIFTY
GOLD
USD/INR

Weather

image 21    C

Markets News

The Economic Times News

Markets / The Economic Times

details

Indian rupee forwards retreat after RBI unveils FX swap

Indian rupee forward premiums retreated from multi-year highs on Wednesday following the Reserve Bank of India's announcement of a $10 billion USD/INR buy-sell swap. This intervention is expected to absorb excess dollar liquidity, easing the recent surge in premiums driven by dollar glut and year-end pressures.

24 Dec 2025 9:44 am